IA-MN Daily Direct Slaughter Cattle - Negotiated Purchases - Summary
LM_CT137
St Joseph, MO    Mon Jul 17, 2017    USDA Market News Service

IOWA/MINNESOTA DAILY DIRECT SLAUGHTER CATTLE - NEGOTIATED PURCHASES - Summary
Roundup for: Friday, 07/14/2017

Friday saw trading limited on light demand. Not enough trades for a market trend.
The last reported market was on Thursday with live trades at 120.00 and dressed
at 190.00.

Domestic source only. Live sales based on net weights FOB the feedlot after a
3-4% shrink. Dressed sales based on hot carcass weights delivered to the plant.

NEGOTIATED CASH:
Confirmed:       1,918            Week ago:    2,998          Year ago:    9,032
Week to Date:   27,305            Week ago:   19,852          Year ago:   22,999

NEGOTIATED GRID BASE:
Confirmed:         559            Week ago:    1,351          Year ago:    1,777
Week to Date:    4,256            Week ago:    3,605          Year ago:    4,085


NEGOTIATED CASH SALES
(Includes all transactions regardless of delivery day)

                     Head    Wtd Avg    Avg Wt    Wtd Avg      Price     Wtd Avg
                    Count   Dress Pct    Range     Weight      Range      Price
STEER - LIVE - FOB
 Over 80% Choice      645     63.5   1,400-1,450  1,417.3  119.00-120.00  119.79
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     645     63.5   1,400-1,450  1,417.3  119.00-120.00  119.79
STEER - DRESSED - DELIVERED
 Over 80% Choice      116     63.2     850-857      852.3  190.00-190.00  190.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     116     63.2     850-857      852.3  190.00-190.00  190.00
HEIFER - LIVE - FOB
 Over 80% Choice      285     63.1   1,250-1,300  1,277.9  118.00-120.00  119.12
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     285     63.1   1,250-1,300  1,277.9  118.00-120.00  119.12
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       42     63.0     803-803      803.0  190.00-190.00  190.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      42     63.0     803-803      803.0  190.00-190.00  190.00
MIXED STEER/HEIFER - LIVE - FOB
 Over 80% Choice      238     63.5   1,275-1,450  1,366.7  119.00-121.00  120.21
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     238     63.5   1,275-1,450  1,366.7  119.00-121.00  120.21
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice       40     63.5     873-873      873.1  190.00-190.00  190.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      40     63.5     873-873      873.1  190.00-190.00  190.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades   1,168     63.4   1,250-1,450  1,373.0  118.00-121.00  119.71
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     198     63.2     803-873      846.0  190.00-190.00  190.00
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      156     62.9     804-869      851.5  165.00-190.00  183.27
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     156     62.9     804-869      851.5  165.00-190.00  183.27
MIXED STEER/HEIFER/COW 
 No Reportable Trade. 

NEGOTIATED GRID BASE PRICE SALES: FINAL NET PRICES TO BE DETERMINED LATER AND
SHOWN ON THE LM_CT109 FORMULATED PURCHASES REPORT
(Includes all transactions regardless of delivery day)

                     Head    Wtd Avg    Avg Wt    Wtd Avg      Price     Wtd Avg
                    Count   Dress Pct    Range     Weight      Range      Price
STEER - LIVE - FOB
 No Reportable Trade. 
STEER - DRESSED - DELIVERED
 Over 80% Choice       25     61.2     810-846      828.7  186.00-190.00  188.08
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      25     61.2     810-846      828.7  186.00-190.00  188.08
HEIFER - LIVE - FOB
 No Reportable Trade. 
HEIFER - DRESSED - DELIVERED
 Over 80% Choice       12     60.0     720-720      720.0  186.00-186.00  186.00
 65 - 80% Choice                          -                      -
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades      12     60.0     720-720      720.0  186.00-186.00  186.00
MIXED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
MIXED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      200     62.0     837-837      837.0  190.00-190.00  190.00
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     200     62.0     837-837      837.0  190.00-190.00  190.00
ALL BEEF TYPE STEERS AND HEIFERS - LIVE - FOB
 Total all grades                         -                      -
ALL BEEF TYPE STEERS AND HEIFERS - DRESSED - DELIVERED
 Total all grades     237     61.8     720-846      830.2  186.00-190.00  189.59
DAIRYBRED STEER/HEIFER - LIVE - FOB
 No Reportable Trade. 
DAIRYBRED STEER/HEIFER - DRESSED - DELIVERED
 Over 80% Choice                          -                      -
 65 - 80% Choice      322     59.4     781-825      806.3  163.00-170.00  166.02
 35 - 65% Choice                          -                      -
  0 - 35% Choice                          -                      -
 Total all grades     322     59.4     781-825      806.3  163.00-170.00  166.02
MIXED STEER/HEIFER/COW 
 No Reportable Trade. 

IOWA/MINNESOTA - IA,MN

Source: USDA Livestock, Poultry & Grain Market News Division, St. Joseph, MO
         816-676-7000    email:  stjoe.lpgmn@ams.usda.gov
         www.ams.usda.gov/market-news/livestock-poultry-grain
1130C







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